Discuss APICS CSCP Exam Topic 4 Question 126

The United Nations Global Compact uses 10 guiding principles to:

Areduce uncertainty for multinational firms regarding legal, import/export, labor, and environmental standards across countries.

Bset minimum levels of compliance across a broad range of transactional areas for businesses operating in multiple geographic regions.

Calign the needs of businesses to increase profitability and the needs of individual countries to ensure their specific legal requirements are met.

Dhelp ensure that markets, commerce, technology, and finance promote advancement of economies and societies everywhere.

Suggested Answer: D

UN Global Compact Overview: The UN Global Compact is a voluntary initiative based on CEO commitments to implement universal sustainability principles and to take steps to support UN goals.

10 Guiding Principles: These principles cover areas such as human rights, labor, environment, and anti-corruption.

Objective: The primary goal of these principles is to promote responsible business practices and ensure that markets, commerce, technology, and finance can advance in ways that benefit economies and societies globally.

Explanation of Choice:

Option A: Reducing uncertainty for multinational firms is an outcome but not the primary purpose.

Option B: Setting minimum compliance levels is more regulatory and less about voluntary global advancement.

Option C: Aligning business needs with legal requirements is specific and less comprehensive.

Option D: Encompasses the broader goal of promoting global advancement through responsible practices.

United Nations Global Compact. (2020). The Ten Principles of the UN Global Compact. UN Global Compact.

Kell, G. (2005). The Global Compact Selected Experiences and Reflections. Journal of Business Ethics, 59(1-2), 69-79.

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22 comments · newest first

Susy 2 days ago

I feel like D is the best choice. It promotes overall advancement.

Tammara 7 days ago

I think it's about compliance. Option B makes sense.

Antione 12 days ago

I’m leaning towards A too. Clarity is key for firms.

Stanford 17 days ago

C is interesting. Balancing needs is crucial.

Eloisa 23 days ago

I agree with Sarah. D aligns with global goals.

Louvenia 28 days ago

D sounds right. It’s about promoting advancement.

Margarita 1 month ago

I feel like A is more about reducing uncertainty.

Art 1 month ago

I think it's about compliance. Option B makes sense.

Willard 1 month ago

I think it's more about profit than genuine concern for society.

Basilia 2 months ago

It helps companies navigate international regulations, for sure.

Ellen 2 months ago

Really? Do these principles actually make a difference in practice?

Chantell 2 months ago

Totally agree, it's crucial for businesses to follow these standards!

Keneth 2 months ago

The UN Global Compact has 10 principles focused on human rights, labor, environment, and anti-corruption.

Barney 2 months ago

Yes, it’s essential for global business operations!

Layla 2 months ago

Really? I’m surprised it actually works across different countries.

Vanna 3 months ago

I think it’s more about compliance than profitability.

Olga 3 months ago

Totally agree, it helps with environmental standards!

Dominic 3 months ago

The UN Global Compact has 10 principles for businesses.

Elenora 3 months ago

I practiced a question similar to this, and I think D makes sense because it talks about promoting advancement, which aligns with the UN's goals.

Chanel 3 months ago

I feel like A is too focused on reducing uncertainty, while the principles are broader than just legal standards.

Gerald 4 months ago

I remember something about how the principles help businesses and countries, but I'm not sure if that's C or D.

Carlene 5 months ago

I think the guiding principles are more about compliance and standards, so maybe B is the right choice?

APICS CSCP Exam - Topic 4 Question 126 Discussion